Golden Entertainment Inc - Company Profile

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Golden Entertainment Inc: Segment Analysis

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Business Description

Golden Entertainment Inc (Golden Entertainment) is a diversified entertainment company that owns and operates portfolio of gaming and resort casinos.

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Business Segments

Overview

Owns and operates three casino resorts in Nevada, which includes the Strat; Aquarius; and Edgewater. The Strat is a gaming and entertainment complex that is located on the north end of the Las Vegas Strip and comprises of the indoor and outdoor observation decks, thrill rides and the SkyJump. It also offers ten restaurants, two rooftop pools, a fitness center, retail shops and entertainment facilities. The Aquarius; and Edgewater casino resorts are located in Laughlin, Nevada on the western bank of the Colorado River. These casino resorts offer hotel rooms, gaming and sportsbook facilities.

Performance

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Overview

Owns and operates five local casinos to serve local customers who are located within a five-mile radius of Nevada, the local casinos include the Arizona Charlie’s Boulder; Arizona Charlie’s Decatur; Gold Town Casino; Lakeside Casino & RV Park; and Pahrump Nugget. The Arizona Charlie’s Boulder and Arizona Charlie’s Decatur offers hotel rooms, gaming, sportsbook, and bingo facilities. Arizona Charlie’s Boulder offers five restaurants along with an RV park with 221 RV hook-up sites, and Arizona Charlie’s Decatur offers five restaurants. The company also owns and operate three casino properties in Pahrump, Nevada. These casinos include Gold Town Casino; Lakeside Casino & RV Park; and Pahrump Nugget. The Pahrump Nugget offers gaming, sportsbook, and bingo facilities along with hotel rooms, a bowling center and a banquet and event center. The Lakeside Casino & RV Park offers 159 RV hook-up sites.

Performance

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Overview

Operates branded tavern locations with 1,138 slot machines under PT’s Pub, PT’s Gold, PT’s Ranch, PT’s Place, PT’s Wings & Sports, Sean Patrick’s, Sierra Gold, SG Bar, Sierra Junction, and Lucky’s brands located in greater Las Vegas, and Nevada metropolitan area. Offers food, craft beer and other alcoholic beverages along with casual, upscale environment catering.

Performance

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Overview

Comprises of the company’s cash and cash equivalents, corporate overhead and miscellaneous receivables.

Performance

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